Ridgewood Savings Bank Sustainability Profile
Ridgewood Savings Bank, a prominent financial institution headquartered in the United States, has been serving its community since its establishment in 1921. With a strong presence in New York City and its surrounding areas, the bank operates primarily in the banking and financial services industry, focusing on personal and commercial banking solutions. Offering a range of core products, including savings accounts, mortgages, and business loans, Ridgewood Savings Bank distinguishes itself through personalised customer service and competitive interest rates. Over the years, the bank has achieved significant milestones, solidifying its reputation as a trusted partner for individuals and businesses alike. With a commitment to community engagement and financial education, Ridgewood Savings Bank continues to enhance its market position as a reliable choice for banking needs.
DitchCarbon Score
How does Ridgewood Savings Bank's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Services Auxiliary to Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Ridgewood Savings Bank's score of 23 is lower than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ridgewood Savings Bank's reported carbon emissions
Ridgewood Savings Bank currently does not have available carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges outlined in their initiatives. This lack of data suggests that the bank may not have formalised its climate commitments or established measurable targets for emissions reduction at this time. In the context of the banking industry, many institutions are increasingly focusing on sustainability and climate action, often setting Science-Based Targets (SBTi) to align with global climate goals. However, without specific commitments or data from Ridgewood Savings Bank, it is unclear how they are addressing climate change or contributing to emissions reduction efforts. As the financial sector continues to evolve towards more sustainable practices, it will be important for Ridgewood Savings Bank to consider developing and communicating its climate strategy to align with industry standards and expectations.
How Carbon Intensive is Ridgewood Savings Bank's Industry?
How Carbon Intensive is Ridgewood Savings Bank's Location?
Ridgewood Savings Bank's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Ridgewood Savings Bank has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
